Friday, May 10, 2024

Transfer of Property Act 1882

Rights where partnership contract is rescinded

According Section 52 of the Transfer of Property Act 1932, where a contract creating partnership is rescinded on the ground of fraud or misrepresentation of any of the parties...

Retirement of Partner

According to Section 32 (1) A partner may retire - (a) with the consent of all the otter partners, (b) in accordance with an express agreement...

Rights and liabilities of lessor and lessee

Section 108 of the transfer of property Act provides Rights and liabilities of lessor and lessee. Meaning and Definition of Lease Section 105 of the Transfer...

Meaning and definition of Exchange 118 to 121 TPA, 1882

According to section 118 of transfer of property Act 1882, when two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only, the transaction is called an "exchange"

Meaning and definition of Sale, Rights and Liabilities of Buyer and Seller

Section 54 of the Transfer of Property Act, 1882 defines sale,  "Sale" is a transfer of ownership in exchange for a price paid or promised or part-paid and part-promised.

What is Onerous gifts ?

What is Gift ? Section 122 of the Transfer of Property Act defines Gift, According to Section 122, "Gift" is the transfer of certain existing movable...

MCQ on TPA 1882

1. Before the commencement of the Transfer of Property Act, 1882, the transfer of immovable properties in India were governed by the (a) principles of...

A Lease of Immovable Property (Transfer of Property Act 1882 )

Introduction Section 105 of the Property Act 1882 defines Lease, According to Section 105, A lease of immovable property is a transfer of a right...

Meaning, Definition and Kinds of gift

Introduction  Section 122 to 129 of the Transfer of Property Act 1882 deals with the provisions regarding Gifts, Section 122 of the Indian Transfer of Property...

Doctrine of subrogation

Meaning of Subrogation Subrogation means substitution. Any person other than mortgagor and co-mortagagor who having interest in mortgaged property and who redeems the mortgage is...

Historical Background of passing of The Transfer of Property Act, 1882, What was the need of enactment of transfer of property Act ?

There are three modes of transfer of property - A. By operation of law B. By order of court C. By act of parties Transfer by operation of law means transfer   made on the basis of some statute in this type of transfer there is no need of consent of parties. It is effected automatically  by law such as family law, succession law, insolvency law, law of forfeiture etc.